North America Raw Chicken Meat Market Growth Opportunities and Forecast by 2028
North America Raw Chicken Meat Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Whole Chicken, Chicken Breast, Thighs, Drumstick, Wings, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
- Status : Published
- Report Code : TIPRE00025796
- Category : Food and Beverages
- No. of Pages : 128
- Available Report Formats :
- Last update date : November 13, 2021
2021 Market Size
US$ 41,938.20 Mn
Base year value
2028 Forecast
US$ 53,393.81 Mn
Projected by 2028
CAGR 2022-2028
3.5 %
Growth rate
Addressable Market
US$ 337,673.25 Mn
(2022-2028)
The raw chicken meat market in North America is expected to grow from US$ 41,938.20 million in 2021 to US$ 53,393.81 million by 2028; it is estimated to grow at a CAGR of 3.5% from 2021 to 2028.
The US, Canada, and Mexico are major economies in North America. Protein-rich food getting more emphasis is the major factor driving the growth of the North America raw chicken meat market. With the increasing focus on health, consumers have shifted to healthy food products with a rich nutritional profile, especially protein. Proteins are the building blocks to maintain the structure and functions of the human body. Protein is made up of amino acids and is a vital part of a healthy diet. The body uses amino acids for building and repairing muscles and bones and for making enzymes and hormones. The consumption of protein promotes proper growth and development in children and teenagers. People consuming more protein tend to maintain bone mass better and have a much lower risk of fractures and osteoporosis. These benefits of protein are consequently attracting consumers toward protein-rich food such as raw chicken meat. Animal products such as chicken have vital amino acids and are known as complete protein (ideal or high-quality protein).
C
hicken meat is essential, as it is one of the primary protein sources for the population in several countries. Furthermore, animal-derived foods have a protein digestibility corrected amino acid score (PDCAAS) value equivalent to or slightly below one. Chicken is easily digestible and the most budget-friendly of lean protein options. Besides, protein from chicken contains all nine essential amino acids. Thus, the surging consumer inclination toward protein-rich food is the key factor anticipated to propel the raw chicken meat market growth during the forecast period.The unprecedented rise in the number of COVID-19 cases across the US and Canada, along with the subsequent lockdown of production facilities in the countries, has negatively influenced the growth of the various markets. As per Frontiers Media S.A., in April 2020, poultry processors were directed to depopulate their sheds. In the US, most meat processing plants were forced to work at decreased levels than their average capacity.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America raw chicken meat market. The North America raw chicken meat market is expected to grow at a good CAGR during the forecast period.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
North America Raw Chicken Meat Market Segmentation
North America Raw Chicken Meat Market – By Type
- Whole Chicken
- Chicken Breast
- Thighs
- Drumstick
- Wings
- Others
North America Raw Chicken Meat Market – By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Others
North America Raw chicken meat Market, by Country
- US
- Canada
- Mexico
North America Raw Chicken Meat Market - Companies Mentioned
- Amick Farms
- Foster Farms
- JBS (Primo Butcher Shop)
- Koch Foods
- Mountaire Farms
- Perdue
- Pilgrim's
- Sanderson Farms
- Tyson Foods
- Wayne Farms Llc
North America Raw Chicken Meat Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 41,938.20 Million |
| Market Size by 2028 | US$ 53,393.81 Million |
| CAGR (2021 - 2028) | 3.5% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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